Mile High Capital Group Inc. Announces Jeffrey Dietz as New President

Released on = July 30, 2005, 2:47 pm

Press Release Author = Mile High Capital Group, Inc.

Industry = Real Estate

Press Release Summary = Mile High Capital Group, Inc. (MHCG), a Denver, Colorado-based real estate developer, has announced Jeffrey Dietz as the company's new President.

Press Release Body = FOR IMMEDIATE RELEASE:

Mile High Capital Group, Inc. (MHCG), a Denver, Colorado-based real estate developer, has announced Jeffrey Dietz as the company's new President.

July 21, 2005 - DENVER, Mile High Capital Group, Inc. (MHCG), a Denver, Colorado-based real estate developer, has announced Jeffrey Dietz as the company's new President. This announcement accompanies the sale of the company by former owner
and CEO Rick Dryer to current CEO Andrew McFaul. The sale took place July 1, 2005.

Dryer resigned his positions as CEO and president of the company, as well as resigning from the board of directors as he is no longer a stockholder. Jeffrey
Dietz and Andrew McFaul were both elected to new terms on the board of directors. McFaul replaces Dryer as Chairman of the Board and CEO, and Dietz replaces him as president of the company.

Jeffrey Dietz came to Mile High Capital Group Inc in 2003 after six years working in real estate sales, marketing and development.

"I was one of the earlier employees at Mile High Capital Group Inc, and it's incredible how much the company's grown," says Dietz. "We've got such a tremendous team of people here."

"I had a lot of opportunities before I came to Mile High," he continues. "But, I was drawn to Mile High because there was such a fantastic business plan in place. We supply good affordable housing in areas that need housing. We serve the client; we serve the tenant. It's a win-win situation."

Jeffrey Dietz graduated with a degree in finance from York College in Nebraska. He currently lives with his fiancée in Parker, Colorado.

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Web Site = http://www.milehighcapital.com

Contact Details = Media Contact:
Mile High Capital Group Inc
Bryan Hill, 303-468-5480
Cell: 303-519-3614
BHill@MileHighCapital.com